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Launderettes for Sale

Watford, Hertfordshire

Leasehold : 35,000
Turnover : 750 p.w.

London Properties are pleased to offer to the market running Launderette business situated on Market Street among many other local businesses and a short distance from Watford Town Centre and short walking distance to Watford High Street Tube Station. The premises comprise a ground floor shop with open plan sales area with an office, store room, WC and work area. The property benefits from glazed and aluminum shop front , spotlighting, tiled flooring, 8 washing machines and 6 dryers and continuous regular service washes from local business and customers. Internal viewings are highly recommended through London Properties by appointments only

LOCATION: The premises are prominently located on Market Street a short distance from Watford Town Centre and short walking distance to Watford High Street Tube Station.

DESCRIPTION: The premises comprise a ground floor shop with open plan sales area with an office, store room, WC and work area. The property benefits from glazed and aluminum shop front , spotlighting, tiled flooring, 8 washing machines and 6 dryers and continuous regular service washes from local business and customers.

TERMS: The property is held on a FR&I lease with 19 years unexpired

USES: A1

PREMIUM: 35,000 for the benefit of the lease, fixtures, fittings and goodwill.

RENTAL: The current rent stands at 13,000 per annum

SIZE: Approximately 750 sq ft

BUSINESS RATES: Interested parties are recommended to make their own enquiries with the Rating Department of Watford Council

OPENING HOURS: Monday till Saturday 08.00 a.m - 17.30 p.m & Sunday 09.00 a.m - 16.00 p.m

TURNOVER: Current turnover in excess of 40,000 per annum approximately

STAFF: 2 man family team

UTILITIES: All Main services connected

LOCAL AUTHORITY: Watford

LEGAL COSTS: Each party is to bear their own legal cost.

REFERENCE CHARGE: London Properties charges a fee of 200 plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord.

HOLDING DEPOSIT: A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account

FIXTURES & FITTINGS: Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition

AGENT NOTE: London Properties for themselves for Lessors, Vendors and their agents, give notice that:-

1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.

2. These details do not constitute any part of an offer or contract.

3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.

4. All rent prices, fees and charges are quoted exclusive of VAT


VIEWINGS: Through London Properties by appointment only.


Trading Hours: Monday till Saturday 08.00 a.m - 17.30 p.m & Sunday 09.00 a.m - 16.00 p.m
 
Staffing: 2 man family team
 
Tenure: The property is held on a FR&I lease with 19 years unexpired
 
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242 Advert ID 42952    Sellers Ref : WD18 0PX/BSOL

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